How do you find marginal cost from total cost function? As C (x) = C (marginal cost function) then marginal cost function is a derivative of total cost function.

The marginal cost function, C (x), is a function that describes how much something costs. Marginal cost refers to the difference between the cost of one item and its marginal cost.

Marginal cost is the change in total cost that comes from making or producing one additional item.

The demand function The first step in the process of coming up with a marginal revenue derivative is to estimate the demand function. The demand function defines the price that customers will pay ...

This is a preview. Log in through your library . Abstract This paper analyses the relationship between traffic volume and maintenance costs, and derives estimates for the cost elasticity and the ...